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Jun 19, 2015 | 05:08

SPIEF 2015: Cheap oil, weak rouble? All good news – PhosAgro CEO

Cheap oil and the sliding rouble may be a worry for Russia’s economy, but for some major exporters they’re nothing but good news, says Andrey Guryev, CEO of PhosAgro, one of the world’s largest phosphate producers.

TRANSCRIPT +

People on the weak Ruble is that they wanted for Russia right well multiple countries becomes agree with me now is on speaker Nancy -- side by one of the world's biggest uses a fourth place. You think these factors are positives you. It's you you you took what we should probably. Disposed of or any export right. Chemical fertilizer and also like. We'll play. In my. You know people some. What about the Ruble we'll see things I haven't. I don't like we won't. Roster spot for him regional rival. One problem is of course and you've evolved went through it. He I was what does he expect to room to stand the missile that was do you have a together in time I'll look for what is it maybe you probably isn't a function. Right now right before. If you want. My position involves rival. Music weapons' program or so wall where the oil price will be. Normally people would cold weather where rights will be February. Q everybody. Have thoughts about sanctions Colston to let it affect you much. I mean like. Visit the aspect company golf course we feel was. Fortune. Postal Corey. Got degrees. Our company's about zero point practice. As a citizen. Propelled. So this is making it harder fugitive business. It's about me department sesame. It. It was right on Iraq and Russell picked it. We already on the side. We need to change yourself. Just have to work and you will be. I'm doing. You don't have more. Delegates we renewable fuel. What's the all of competent people. Just switching to companies to work. Principle we've all possible production. Because like you can view I really. Boston. Writes it's. In this world right you can view. The quote. Some piece of your comfort. They can do you know well when you talk to other company bosses. Is the sanctions the first issue that comes up until about business was as it also can beat him. This is a very good. Feel like well like I at long lots of conversation news or when people reference fuels. You were. But. I don't think that the sanctions is right off. So. I think what. Immediate issue right now. We want to. What we'll be viewed government Russian government. Ultimately hopefully we'll look. Us. If you look for instance all imports of substitution program. Wasn't always about money was viewed right or arms Russia. What this. Meeting answers right. Although we'll have lost. Your right if you took the boat lift insightful. By watching you right now and it. Substituted for it's we'll take me. Three years. To do to them start. That what you rubble from my brother. So what if the subject will be applied to sign. Will be. Are taken away in the if you. A lot of people just about. And they all that's. That's the story after story that we need support we applaud me it's the PG. We've done that Karl Karl Fox's son do you think you can hear anything useful in that respect today from president or although. About and all that yesterday. It was because. The decision. Would be sport. You know business. It looks like as a separate agenda. You already. Even. Some assurance. Or how you want. The government to work we've always issues. And I believe up to the rolls over here. Quite strong state abusers. We'll hear Russian couples four of us you can understand you to believe.

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